Tax Tips: Online Payment Agreement (ASL, Captions & Voice Over)

Make payment arrangements online.



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Get Free Money For Debt Relief Now

With so very many of us struggling with economical burdens of overwhelming amounts of bills, debt relief is of a great concern to American citizens. Millions have lost jobs, overspent, or have been victims of identity theft. In any of these scenarios, individuals have been left with little else than big bundle of debt that they are unable to repay. Fortunately, there is hope for many American taxpayers that will come in the form of free government money.

Free debt relief grants may be available to pay your bills...

The United States government fully recognizes the fact that there is an immediate need to assist taxpayers in achieving some level of debt relief in efforts to keep the economy running smoothly. When Americans are so deep in debt that they cannot afford to pay their current bills, there is certainly not much of a chance that they will be spending any money on anything else. Essentially, that means less tax revenue for the government, which is not really an option.

To alleviate this problem, free government money is made available to taxpayers in debt...

The amount of tax revenue that would be lost by leaving consumers financially out of commission is more than the government is willing to risk. It is a far better option for them to award free money in debt relief grants to American taxpayers that are facing the overwhelming pressures of exorbitant debt. If they are able to receive free government money to pay their past due account balances, they can then continue to spend money, and generating tax revenue.

Considering how much money the government stands to lose if Americans stop spending, even though grants are never paid back, it is a wise investment for them to award free debt relief grants to those who need them, in efforts to preserve our economy.

If you are an American citizen in urgent need of financial assistance for personal debt issues, find out now if you can qualify for grant programs to get free government money to wipe your debts clean.

See Available Government Grants and find out how much money you qualify to receive today. Never pay it back.

->> Grants for Individuals...

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Morning Joe - Huckabee symphysis with Obama race in america

ANISSUE THAT LIBERALS AND CONSERVATIVES CAN AGREE WITH!!! Mike Huckabee is a supporter and a leader in the FAIRTAX(tax reform) and that is why John McCain should pick Mike Huckabee for Vice President!!! Call McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President! A MUST READ!!! A brief summary of the FAIRTAX A. The FAIRTAX will eliminate income taxes, withholding, self-employment taxes, bonus taxes, overtime taxes, social security taxes, medicare taxes, alternative minimum taxes, estate taxes, gift taxes, corporate taxes, capital gain taxes, small business taxes, and replace it with a 23% sales tax. Plus it will give each American household that are citizens a rebate check based on the poor necessities of life. It will also abolish the 16th admendment and prevent the government from taxing us twice! B. Its Fair because for example if you are rich and you buy a $20000 rolex watch you pay more in taxes but the same percentage as someone buying a $95.00 fossil watch so it is fair for the rich and the poor that may one day become rich. C. The FAIRTAX is Fair for the poor and middle class because of the rebate check. Under the FAIRTAX there is no taxes on necessity items (food, clothing, water etc), but it is not a necessity to have a party and to buy lots of food or to go on a shopping spree and buy lots of cloths. That is the purpose of the FAIRTAX rebate checks, and the size of the rebate check depends on the size of your ...



http://www.youtube.com/watch?v=zFOMIKQ8OOI&hl=en

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Tax Relief - Professional Tax Experts Make Tax Season Easier

Whether you're knee-deep in a huge and scary tax debt or you've just had enough after all the stress from the previous tax season, you must not be looking forward to working on your taxes by yourself this year. Which is why hiring a professional to guide you is probably the best idea right now.

A professional tax expert is exactly that: an expert at taxes. Since they do this for a living, they know exactly what to do with your debt and other tax problems, no matter what they may be. After studying all your documents, present and previous returns, balance sheets and bank accounts, they will know what steps to take to ensure that you qualify for a tax relief program.

There are three different kinds of professionals who can help you get a grip on your tax problems. Tax attorneys know everything about tax laws and have seen and studied many different cases of tax delinquencies - your's is just one more drop in the bucket. Certified public accountants are also knowledgeable about tax laws and codes and are especially handy when your books look like they've been through a natural disaster.

There are also licensed agents who specialize in tax delinquencies and are quite capable of dealing with the IRS, ensuring a good settlement for you. All three will be able to determine what kind of tax relief program will apply to you and set your debt straight. Hiring one will be so helpful to you this year, that you'll most likely be looking forward to next tax season - with your professional tax expert helping you along that is.

Do you also want to learn about getting rid of your IRS and/or state tax problems? Visit us at our website for money saving Tax Debt Tips and Strategies. http://www.LimonWhitaker.com

Over the past few years R. L. Daniel and partners have helped thousands of people with their IRS and state tax problems.

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If you have urgent questions or concerns about your tax debt, we are available to help you at 800.993.1249 Monday to Friday 6:00AM to 8:00PM Pacific Time.

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Breaking News Update: President Obama's Press Conference, Confirms Goolsbee, Mid-Terms

Speaking right now in the East Room of the White House is President Obama talking with the Press this morning about the economy and the elections in November. President Obama began with comments on the economy and confirmation that Austin Goolsbee will be the new head of the Council of Economic Advisers, replacing Christina Romer. The President pointed to past policies as a big reason for the current economic hardship, and notes how progress towards recovery has been "painfully slow". President Obama highlighted his recent proposals for improving the economy, including tax incentives for investment and the small business jobs bill. The President also mentioned tomorrow's 9th anniversary of the 9-11 terrorist attacks, urging Americans to unite. He then opened to questioning. First question from the Press was dealt with the November elections and the economy. President Obama responded that if Democrats have good economic policies then they should prevail, however he noted the party's biggest challenge is that the Democratic party has been in power for 2 years and the economy is still not back. As expected the President also held the GOP responsible for some of the mess, saying that the party is "holding middle-class tax relief hostage" in order to gain tax relief for the wealthy. The President is continuing his talks with the press and we will update you as we move along.



http://www.youtube.com/watch?v=v98_r0ILYCw&hl=en

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President Elect Obama: Saturday Radio Address 11.08.08

Transcript: On Tuesday, Americans stood in lines that stretched around schools and churches in numbers this nation has never seen. It didnt matter who they were or where they came from; what they looked like or what party they belonged to they came out and cast their ballot because they believed that in this country, our destiny is not written for us, but by us. We should all take pride in the fact that we once again displayed for the world the power of our democracy, and reaffirmed the great American ideal that this is a nation where anything is possible. This week, I spoke with President Bush, who graciously offered his full support and assistance in this period of transition. Michelle and I look forward to meeting with him and the First Lady on Monday to begin that process. This speaks to a fundamental recognition that here in America we can compete vigorously in elections and challenge each others ideas, yet come together in service of a common purpose once the voting is done. And that is particularly important at a moment when we face the most serious challenges of our lifetime. Yesterday, we woke to more sobering news about the state of our economy. The 240000 jobs lost in October marks the 10th consecutive month that our economy has shed jobs. In total, weve lost nearly 1.2 million jobs this year, and more than 10 million Americans are now unemployed. Tens of millions of families are struggling to figure out how to pay the bills and stay in their homes. Their ...



http://www.youtube.com/watch?v=c0cXvHLKjIQ&hl=en

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4/14/10: White House Press Briefing

White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.



http://www.youtube.com/watch?v=oFwIuOVVrCU&hl=en

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Simple Guide to Get Government Grants For Debt Relief

Debt relief government grants are the solution to the financial crisis problem that has been hanging in the air. Also known as the stimulus package, these grants are being awarded to citizens in heavy debt and cannot, by themselves, settle the outstanding bills. For a while, many believed that it was just a myth but as time went by, the checks came rolling in for those around them, and they saw that it was real. For those that have not fully grasped how, where and when to get debt relief government grants, here is a simple how-to guide.

To begin with, you have to be in debt, be it credit card related, or no-payment threatening the foreclosure on your home or the idea of filing for bankruptcy looms and you have no source of income to pay it back. It is also good to know that the debt relief government grants do settle hospital and medical bills. You also have to be an American citizen and unfortunately, immigrants do not qualify.

Once you fit that profile, you can now apply for the debt relief government grants and you can do this simply by logging on to the government website and looking for the link and necessary information needed. You will then fill in the required information and you must give a viable reason for needing the grants. The application is also in form of a proposal for a business or an income-generating idea that will raise government eyebrow.

As this must be done professionally and in good taste, kindly acquire help from grant experts and if necessary get some training or information on how to write a great proposal. From there on out, it's all about waiting and hoping for the best in getting the debt relief government grants approved.

There are companies that assist in debt settlement. What one can do is before paying any fee for these services, one must do a background check on the particular companies. They are normally non-governmental organizations, have been in the business for some time, and must have an impressive track record in settling debts. In that way, you will not fall prey to con artists and even tarnish your record. You must also ensure that whenever you apply, do it well in advance so you may have the grant in time. In addition, it is not a loan, which means you owe the government nothing in return, except your gratitude.

NOTE: Getting a debt relief government grant is the easiest way of becoming debt free in the shortest span of time.

H. Milla runs the Debt Relief Government Grants website - see his best rated debt relief service to cut off your debt in half and a state of the art software that makes securing a grant a piece of cake.

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Federal Stimulus Money and Debt Relief - How Stimulus Money Has Helped Consumer Debt Relief

The federal stimulus money given to almost every American this tax season is proven to be very beneficial in boosting our economy. As federal stimulus money is given to boost profits in our economy, there is mounting evidence that proves it is beneficial. Although the times for business are at an all-time quarterly negative GDP, these stimulus acts are shown to crucially benefit our struggling economy. Now that Obama is in office, Americans are worried that where the money is going is not as helpful as it could be. Yet in the last six months, a boost of $88 billion dollars has been spread throughout our economy in hopes to boost the economic slump. Of the $88 billion, the majority has gone to low-income residents. Nearly $28 billion has flowed to Medicaid; $19 billion to unemployment; $10 billion to state educational programs which primarily target the poor; $4 billion to student financial assistance, and $1 billion to rental assistance. And these are only among the big ticket items.

The biggest factor in debt relief programs, such as the "American Recovery and Reconstruction Act" and "Making Work Pay Program", is where the consumer will be investing the federal stimulus money. Optimally people in need of debt relief will use their federal stimulus money to help pay off outstanding debt. This in turn will lower the outstanding debt that many people are struggling with. So, If in fact the consumer will pay off at least some of their pre-existing debt, that in turn will help to inspire more debt relief programs to be set in place.

If you have credit card debt or other unsecured debt over $10,000 you should really consider a debt settlement. There are hundreds of debt settlement companies that will help you eliminate up to 70% of your unsecured debt but to find the best companies you should use a debt relief network that helps consumers find legitimate companies in their state. Check out the following link for a legitimate debt relief network:

Free Debt Help

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Coming to Grips With the Making Work Pay Tax Credit

The American Recovery and Reinvestment Act of 2009, better known as the Stimulus Bill, included many provisions to promote economic activity. One was specifically designed to help the average worker. It is known by the tongue twister name Making Work Pay Tax Credit.

The Making Work Pay provision is fairly straight forward. It is the equivalent of 6.2 percent of your income. This means that if you make $50,000, then you would theoretically get a tax credit of $3,100. In truth, the benefit is capped at $800 for joint filers and $400 for individual filers. The Making Work Pay provision is in place for the 2009 and 2010 tax years.

So, where is my check? This very question has resulted in a host of confusion and problems. There is no check. Instead, the benefit is reflected in reduced withholdings from your paycheck. You should have noticed an increase of roughly $30 in your take home pay in each one. Over the year, this will add up to the provision.

The problem with this approach is it opens people up to scams. There are a host of spam emails floating around promising to provide taxpayers with their stimulus check. All the recipient has to do is download a file or provide personal information about their bank account and so on. As you can imagine, the download is a malicious file and the personal information requests are used for identity theft or other nefarious purposes.

One legitimate area of confusion has to do with self-employed taxpayers. Since many do not have a bi-monthly paycheck per se, not adjustment can be made to their withholdings. That doesn't mean the credit isn't available to them. To take advantage of it, self-employed individuals should modify their estimated tax payments to reflect the reduced tax that needs to be paid in.

The Making Work Pay tax credit is a very nice tax bonus. Even better, it will be available through 2010, providing relief where it is dearly needed.

Thomas Ajava writes for ToledoBusinessTaxAttorneys.com - where you can find Toledo business tax attorneys to help you with all of your business tax issues.

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African American Homeowners Top 6 Most Missed Tax Deductions

A U.S government report estimates the average person pays $400 each year because of missed tax breaks and savings incentives (401K, Roth IRA and IRA plans). African Americans pay even more because of a lack of knowledge of current tax laws - and lack of money to hire professional consultation.

For example, according to a 2002 Government Accounting Office report, would you believe nearly one million people failed to itemize there home mortgage interest? This alone cost those homeowners over $473,000,000? (Ouch!)

One of the biggest advantages of home ownership continues to be the generous tax deductions the Federal and State Governments allow you to take each year. But despite the generosity of the government (how often do you hear that statement) many Black homeowners miss money saving deductions each year.

Another key to taking the best advantage of owning a home is tax planning. The best way to use your home to lower your tax burden next year is to start planning this year. Take the time to consult with a qualified tax planner to set up an effective action plan.

Here are points to consider when preparing your taxes this year and developing a tax plan for next year. Make sure you consult with a qualified tax professional before acting on any of these suggestions.

1. Federal Tax Credit for Energy Efficiency.

A tax credit can give you a major savings. A tax credit will lower the income tax you'll have to pay. The difference between a tax deduction and a tax credit is major. A tax deduction only reduces your income taxable income, a tax credit brings down the tax itself (big difference).

Note: As of this writing, 2007 is the final year to claim a tax credit for an energy efficient home improvement. You have until April 15, 2008 to take advantage of this tax credit on your 2007 income tax return for home improvements done on your personal home that qualify.

2. Missing or Misusing the Earned Income Tax Credit.

An earned income tax credit is a refundable tax credit created to reduce or eliminate the taxes that low-income married or single working people pay (like payroll taxes, for example) and often acts as a wage subsidy for low-income workers.

Unfortunately lawmakers (Congress) made it one of the most confusing tax code provisions. To give you an idea, the IRS itself reports failure to claim the earned-income tax credit as it number six top taxpayer mistake.

Guess what the number seven taxpayer mistake is. Incorrectly claiming the credit. So make sure you have a sharp up-on-there-game tax consultant for this one. But if you qualify it's worth it.

Many of the single mothers and low income families have a problem. With the tax credit designed to help them, many lack the tax knowledge or money needed to hire a professional to claim those dollars. For help with this problem Click Here!

3. Don't Forget The Point.

If you bought your home this year and it's your principle home you may deduct the points you paid to get the mortgage. This loan fee qualifies as an itemized interest deduction in the year you bought your home. You can check the IRS Form 1098 your lender sent you in January or February. You'll find the proof of payment on your loan closing papers.

4. Deduction Romance with Refinance.

If you refinanced your mortgage in 2007, you must deduct the mortgage refinance fees over the life of the mortgage. For example, if you refinanced and paid loan fee points to secure the loan, the loan points are not fully deductible in 2007. Instead, you must deduct the cost over the life of the loan.

5. Prepayment Penalty Positive.

If you paid off a mortgage early, triggering a prepayment penalty, you can deduct that expense on your Schedule "A" income tax interest deduction form.

6. Don't Forget to Count Your Escrow Account.

Double check your escrow impound account if you have one. Don't forget to double-check and deduct you property taxes paid in 2007.

Note: Make sure you double-check whether your lender paid the tax collector in the year you claimed the deduction. For example, just because you made the payment to your lender on time doesn't make the amount tax deductible - unless the tax collector received it before December 31.

Conclusion

As the 2007 tax deadline closes in, make sure to make it a personal resolution to save all the money you can from Uncle Sam's clutches. The key as always, is current information and action. Millions of dollars go into government coffers from uninformed taxpayers (by accident) - because of not knowing, now hopefully you won't be one of them.

Roy Primm Founder and Publisher of BlackHomeOwnerNews.com the largest source of information for black homeowners. Find one of the largest selection of African American Home Decor [http://www.blackhomeownernews.com/africanamericandecor.html]

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Starting Advice For an Outsourcing Company

The choice to outsource one or more office functions can be made for a variety of reasons. One of the primary reasons is the financial relief it can deliver. By outsourcing functions to an offshore provider or a third-party business, the company can focus more resources on expanding its core business and competencies. There are several details that must be kept in mind for the process to be smooth and without too much hassle. Not every situation will be the same as previous ones, but there are some guidelines that an outsourcing company can follow.

The first order of business is to do research on various outsource services. Cost is always a consideration when looking for a BPO company, but that should not be the only determinant. Check the portfolios and experience of the companies to see if they have handled anything that matches the main company's situation. In the long-term, an outsourcing firm with experience in the specific type of service a client requires is a better investment. Also, attempt to check for the quality of the services provided. The work done by the outsourcing firm will ultimately reflect on the client's business, and it would be ideal for this to be firmly positive.

Designate a liaison for the BPO companies to which you will outsource tasks. This would make it far simpler for both sides to communicate, as there is only one point of contact. This does not mean that the designated representative is the only one that can provide input on how the IT outsourcing firm handles the project. Rather, the liaison is supposed to represent the collective interests of the client company and relay this information to the service provider. This is meant to streamline communications and prevent confusion.

If there is no third-party offshore outsourcing company, then it would be best to check any requirements before setting up the office. This includes any permits and registrations that may be required to outsource in the area. Consult the local government offices for requirements before setting up a business. Check deals for office space that would fit current needs and offer room for early expansion. Some advise that it would be more economical to acquire office equipment locally, unless the hardware needed is unavailable.

Whether the business decides to outsource on its own or via a third-party provider, it is always advisable to designate personnel for training. The local talent pool may have the skills, but the company must still provide the direction needed to have the project head where it needs to go. The training personnel will likely need to remain in the offshore office for an extended period, probably training the first two or three batches of employees.

Whether the IT outsourcing comes from a third party or is an offshore office of the main company, there are things that need to be considered. Factoring in details like how to streamline communications or how to improve training can go a long way towards making an offshore venture work. For more information, go to http://www.365outsource.com.

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ANISSUE THAT LIBERALS, INDEPENDENT AND CONSERVATIVES CAN AGREE WITH!!! Mike Huckabee is a supporter and a leader in the FAIRTAX(tax reform) and that is why John McCain should pick Mike Huckabee for Vice President!!! Call McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President! A MUST READ!!! A brief summary of the FAIRTAX A. The FAIRTAX will eliminate income taxes, withholding, self-employment taxes, bonus taxes, overtime taxes, social security taxes, medicare taxes, alternative minimum taxes, estate taxes, gift taxes, corporate taxes, capital gain taxes, dividends taxes, small business taxes, and replace it with a 23% sales tax. Plus it will give each American household that are citizens a rebate check based on the poor necessities of life. It will also abolish the 16th admendment and prevent the government from taxing us twice! B. Its Fair because for example if you are rich and you buy a $20000 rolex watch you pay more in taxes but the same percentage as someone buying a $95.00 fossil watch so it is fair for the rich and the poor that may one day become rich. C. The FAIRTAX is Fair for the poor and middle class because of the rebate check. Under the FAIRTAX there is no taxes on necessity items (food, clothing, water etc), but it is not a necessity to have a party and to buy lots of food or to go on a shopping spree and buy lots of cloths. That is the purpose of the FAIRTAX rebate checks, and the size of the rebate ...



http://www.youtube.com/watch?v=yMps1wJAWJA&hl=en

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Health Reform and Insurance Industry Oversight (04/30/2010 Web chat)

HHS Secretary Sebelius and health reform experts answered your questions about how the new law protects consumers through stronger insurance company oversight. www.healthreform.gov We allow comments according to our comment policy newmedia.hhs.gov US Department of Health & Human Services www.hhs.gov



http://www.youtube.com/watch?v=EuRH_5CFIss&hl=en

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Faith is Not Fear

Several weeks ago, I published the article "Faith is not Religion". When I did, I felt somewhat reluctant, not wanting to wade into the religious quagmire spiraling through American politics. If you have not read the article, you might want to read it before finishing this since I feel no less reluctant to write this article.

As we all know, there are three dominant religions in current history. Two of these began as what I think of as relief valves for the original, which is Judaism.

The Jewish religion was, as I understand it, founded on the backs of those who suffered for their faith. Their God was an angry demanding and unforgiving deity. This God maimed, punished, and killed those who dared not obey without hesitation, without question.

Then, a man who many now claim to be the Son of God walked the lands of what was then Palestine. Everyone knows the stories of His deeds, His words, His lessons, and His death. Central to His message was compassion, loving one's enemy as one's friend, turning the other cheek, building plows out of swords. He healed the sick, welcomed all to listen and follow. He spoke of a loving, forgiving God.

Centuries later, another man, the Prophet Mohammad walked the same ground, offered, I believe, an enlightened message, teaching the need for harmony and education. He too spoke of a loving, forgiving God.

I do not believe that either, Son of God or Prophet, intended hatred and fear to be central to what they felt humans needed for peaceful co-existence.

Yet now centuries later, followers of all three religions seem to feel it necessary to reach far back in time for the Old Testament God's discriminating lack of compassion so they might now beget a future.

Fear is not Faith.

I write this with conviction. I do not think followers of the three religions can ever live together as long as fear is the batter from which loaves of justice are baked and shared during meals.

However, humans, it seems, need to dwell on the past to seek a future. I think that knowledge of the past can be a foundation only, not building blocks for the unseen and unknown tomorrow.

We expend too much effort; exhaust too many lives ramming wet clay cast from spilled blood into barricades and levies, to keep out the undesirable element, which too often is the element we would see if we had a spiritual mirror to gaze in to.

Elected leaders, men and woman entrusted to speak publicly, to promote reason, and doctrines of faith, twisted and writhed under the erotic and enticing caress of wealth and fame. They distorted truth for personal gain, not the common good. They used basic human psychology to further whatever agenda they received payment to promote.

Those leaders, speakers, or their masters, knew too that fear is the heart of religion. Therefore, they used religion.

They understood, it seems, that as time passed, throughout history, men rewrote, adjusted, and added to the original teachings of the Prophet and Son of God. They created demons, burned witches, hung or disemboweled heretics, dunked the innocent, stoned, whipped, or killed disobedient wives and daughters, beheaded non-believers.

Many at one time waded through flowing blood in the streets of the holiest of cities.

They performed these acts as needed to control the masses, the peasants, serfs, slaves and willing but uneducated followers, without regard for truth, justice, or the teachings of the Son of God or the Prophet.

Politicians and their moneyed masters also restricted education, or lowered the standards of educational success.

Until all the people of Earth can set religion off to the side of discussion between our cultures, we will never discover true peace. Moreover, when religion is dragged back into the rooms where cultures meet to resolve differences, those meetings must be curtailed until religion is again outside.

Peace is a living without fear. Fear is not faith. Fear is religion. With true faith comes true peace.

Listen to the voices of men and women filled with religious fervor, and you will hear anger, and know that anger is often an expression of frustration or confusion. Those emotions are deeply rooted in fear. Too often, the fear taught us by religious leaders.

http://schliessmann.blogspot.com

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My "Dream" World

As a flash I could see things flying high in the air above the skyscrapers. They resembled cars like, racing in the blue skies. All the news and the current happenings of the world are now appearing on the LED screens on the sky-high buildings. This world may be now in 22nd century. As I advance along the eight lane roads among a huge rally of vehicles between the beautiful and mind blowing architectures, it kept me astonished to see trains flying high in the skies adjacent to the roads by hanging to strands. I could observe a rapid population exposition on seeing people everywhere in lumps even in the skies. These scenes were revealing me massive revolution in electronics and communications.

It is evident that this world is now under the grip of information-technology and Semi-conductor on seeing the robot-operated cars and robot driven devices, I.T may be now an essential commodity in every walk of life. I believe, Robotics may be in its swing all over the world by now on being witnessed by the devastating sight of "Laudable India", which also turned out to be as a lancet to the world in the modern times in every aspect.

Now its time for me to ascend a flying car and start flying in the skies instead of birds which are scarcely seen. I learnt that the oceans have cut a part of the land. The world has reduced to 95% of the original in the past due to the expansion of oceans. All the ponds and lakes were briefed and so were renovated as swimming pools for recreation.

Due to enormous pollution, people were suffering from several types of illness and because of high population, food stocks were either less or insufficient. Alternatives were being invented in irrigation and agriculture for survival from drought and other frightened conditions. Crop fields were rarely seen. Deforestation has rapidly taken place. Obviously these consequences are the result of rapid industrialization and population. It also resulted in the shorter life-span, lack of natural resources, pollution, high temperatures and enormous green-house effect. So for man to survive, special oxygenated booths were arranged where we can have some relief by taking pure oxygen and prolong our life.

Suddenly a slap on made to open my eyes and see the normal world i.e. the present. I am glad and felt lucky enough to taste the above mentioned scenes just in a dream and not in reality.

Thank God! As we are not in that scenario and this should alarm every one of us and lets try and save our successors not to live in that disastrous world which is not having at least sufficient oxygen to breathe.

Hello readers, I am Ravi Kiran, a Technology Graduate from India. I have an immense interest in writing short articles, so I started writing my first article and completed within half an hour, five years back. That very article is MY 'DREAM' WORLD. Now I had to chance to present you. Hope you will like it and do give me a feedback, so that it helps me. My next article will be presented soon. Thank You.

Yours,
Ravi Kiran

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IRS Tax Extension - How Will You File a Tax Extension Online?

Paying taxes is not entirely the problem still most people fail to file their return before the deadline because they find it difficult to prepare their return files. If you think that you will not be able to pay your taxes before the deadline, you don't have to panic. You can apply for IRS tax extension and get a grace period.

As the April 15th comes closer, which is IRS tax deadline most people under go stress. If you have certain reasons and you think that you are not capable of preparing and filing your taxes before the deadline, you should better think of tax file extension instead of getting penalized for late filing.

Filing tax extension form is not complex or confusing one. You can get hold of IRS Form 4868 and fill it out and submit it before the 15th of April. You will have to state some basic information in the form. You do not have to give any reason as to why you request for an extension.

Almost every taxpayer in American is eligible to file tax extension. Now it is easy to apply for an extension period for filing your return. You can choose a website that offer e-filing and extension services. You need to answer certain simple questions to fill up the extension form online. Within few minutes, you will be able to submit your extension to the IRS electronically. If you e-file your extension file, you will get an email with IRS confirmation that you're the deadline is extended up to October 15.

The process works automatically and fast once your extension is filed online. You will get an additional six months to file your income tax return. Please remember that your approval for grace or extension period does not extend the time you have to pay your tax due. Suppose you are going to owe money, then your taxes must be paid by April 15th.

Get yourself ready for preparing your return because you will be in a panic in October when your 6 month extension runs out. If you miss the opportunity of filing your return within the grace period, getting another extension will be much difficult for you because you will have to convince the IRS for getting a second extension.

E-file your tax extension online to IRS and enjoy the benefits of Tax Extension online. File Tax Extension online now get more time to file your taxes get IRS confirmation soon and get peace of mind.

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Penalty Abatement

www.americantaxvideo.com Penalty Abatement information from American Tax Relief. We are a nationwide firm specializing only in helping people resolve their Penalty Abatement though various settlement methods. Please call 800-700-6948 for more information. Meaning of penalty abatement, tax...



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How the New Tax Law Can Help Your Business - Two Tax Breaks for Businesses

Congress recently passed the Economic Stimulus Act of 2008. It's designed to inject $152 billion into the U.S economy. What does this mean to you?

If you own a business, your business can take advantage of two tax breaks: Increased Section 179 Amounts and Bonus Depreciation.

You could be one of the 130 million taxpayers who will receive a rebate check this year. For more on this tax relief topic, please see my recent article: "Is The IRS Sending You a Rebate Check? Find Out If You Are Eligible."

If you own real estate or invest in real estate, your may find some relief with your "jumbo" loans.

INCREASED SECTION 179 AMOUNTS:

Before the new law, a business could expense up to $128,000 of the cost of qualifying property in 2008. Under the new law, a business can expense up to $250,000 of the cost of qualifying property. This is a huge increase!

Even the phase-out limits are increased. Before the new law, if the cost of qualified property placed in service during the year was more than $510,000, the amount a business could expense was reduced (dollar for dollar) by the amount over $510,000. Under the new law, the dollar for dollar reduction still applies but the old $510,000 ceiling jumps to $800,000.

What property qualifies for the Section 179 Deduction?
The new law makes no changes to the general rules for the types of property that are eligible for Section 179 expensing. Generally, the property must be depreciable tangible personal property (so real property, such as land and buildings, does not qualify) that is actively used in the taxpayer's business. The property must be used more than 50 percent for business and must be newly purchased property.

BONUS DEPRECIATION:

The other incentive is bonus depreciation. The new law provides qualifying taxpayers 50 percent first-year bonus depreciation of the adjusted basis of qualifying property. Make sure you make the election on your tax return - it's required in order to claim the bonus depreciation.

What property qualifies for bonus depreciation?

To be eligible to claim bonus depreciation, property must be one of the following types of property:

- Eligible for the modified accelerated cost recovery system (MACRS) with a depreciation period of 20 years or less (this includes most equipment, computers and furniture)

- Water utility property

- Computer software (off-the-shelf)

- Qualified leasehold property

The property generally must be purchased and placed in service during 2008. Original use of the property must begin with the taxpayer and must occur after December 31, 2007 and before January 1, 2009.

How is the luxury auto depreciation impacted?

Congress also increased the limitations on "luxury" auto depreciation. Ordinarily, the first-year limit on depreciation for passenger automobiles cannot exceed $3,060. However, this limit was increased when bonus depreciation was previously available to $4,600. The new law raises the cap once again, setting it at $11,060 for passenger autos and $11,260 for trucks and vans.

CAUTION! Be sure your business use of qualifying property stays above 50%. If it falls below 50% you may have to recapture some of the benefit previously claimed under Section 179 or the bonus depreciation.

WHAT DO THESE TAX BREAKS MEAN FOR YOUR BUSINESS?

These are very generous changes! These changes provide American businesses with an estimate $44 billion in additional deductions in 2008.

You will definitely want to plan your business purchases now. If you are planning on making equipment purchases in the next few years, now is the time to look out how moving those purchases to 2008 can cut your tax bill.

Tom Wheelwright is not only the founder and CEO of Provision, but he is the creative force behind Provision Wealth Strategists. In addition to his management responsibilities, Tom likes to coach clients on wealth, business, and tax strategies. Along with his frequent seminars on such strategies, Tom is an adjunct professor in the Masters of Tax program at Arizona State University. For more information, please visit http://www.provisionwealth.com

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Ranking Member Camp Floor Remarks Against the Death Tax

Madame Speaker, death should not be a taxable event. Death should not force the sale of family farms or the dissolution of small businesses. The fear of death should not be a reason for Americans to hire a battery of accountants and lawyers to find legal ways to reduce the bite of the estate tax. After a long wait, we are about to realize that goal. Set in motion by a law passed by the Republican Congress earlier this decade, there will be no death tax in 2010 thats just 29 days away. The bill before us, however, would resurrect the death tax next month and apply a 45% tax rate to estates above a $3.5 million exemption amount. The Majority claims to be offering certainty to taxpayers. And I suppose in a way they are. They are certainly repealing the hope of ever eliminating the death tax. They are replacing that with the certainty of a federal tax rate that, at 45 percent, must be considered confiscatory. No American should have the federal government take nearly half of their worth. They are providing the certainty of an exemption that is not indexed for inflation, meaning that, over time, it is certain that more and more family farms and small businesses will be subject to this punishing tax. Madame Speaker, one other thing that is certain about this bill is that it is unlikely to be approved before the end of the year. As we are all aware, the Senate is fully engaged in a health care debate and is unlikely to break from it to consider this bill this month, particularly ...



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The Benefits of Filing a 1040 Tax Return

For those that have filed a 1040EZ tax return form in the past, you might benefit from filing a 1040 tax return or a 1040A tax return if you had one of a few events happen in 2009, due to tax law changes. You can claim a number of credits that a 1040EZ form doesn't allow and you may be entitled to a larger refund or receive a refund where you might not ordinarily be entitled to one.

If you are taking college courses, or have a child in college under the Hope education credit, there has been an increased credit for 2009. Under the American opportunity credit, part of the previous Hope education credit is refundable to most taxpayers. The credit has increased to $2,500 for most taxpayers and the name has been changed to the American opportunity credit, so you should be aware of this change to avoid confusion.

If you have purchased a new car after February 16th of 2009, you may deduct state and local sales taxes on the purchase. Even those that live in states that don't have sales tax might be able to deduct other fees or taxes by filing a Form 1040A or itemizing on a 1040 tax return.

The most advantageous credit for filing a 1040 tax return form in 2009 is the first-time home buyer credit. Not only has the credit increased to $8,000, or $4,000 if married and filing separately, for those that bought a home after 2008 and before May 1, of 2010, but it is an actual credit that is refunded and not an incentive that needs to be repaid like the previous first-time home buyer programs.

There are energy credits that you can take advantage of on a 1040 tax return form, including credit for non-business energy property and residential energy efficient property credits. If you bought energy saving items like heating systems and appliances or added energy efficient materials, such as insulation or thermal windows, you can take advantage of the tax credits. Electric vehicle credits are available for those that bought an electric drive motor vehicle or converted a vehicle into an electric vehicle for energy efficiency.

While these are the largest tax credits that are available, it is likely that those who purchased a home in 2008 and are paying mortgage interest might have paid enough interest to be able to itemize on a Schedule A. You would benefit by filing a 1040 tax return and Schedule A itemizing form in 2009 if your deductions equal more than the standard deductions of $5,700 for single people or $11,400 for married couples.

There are some cases where you must file a 1040A or 1040 tax return to get credits for the standard deduction real estate taxes or credits for excess social security or retirement savings contributions. If you can claim the additional standard deduction for net disaster losses, you will need to file a 1040 tax return. There are other cases where you may have to file a 1040 tax return form that don't necessarily offer any benefit, such as owing special taxes on tips or self-employment income of more than $400, but your CPA can advise you of the proper forms for your situation.

For more information on accounting and tax services, please visit Flowers Rieger & Associates.

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American Tax Relief Programs Help Free Consultancy - Go For It

The tax net spares nobody and if you are not careful you might just be covered with a mountain of tax debts and the IRS will be knocking on your door. Here is where American tax relief comes into play as it might be able to take care of all your problems for you. However there are still some people who are averse to taking the help of American tax relief. We hope the pointers given below can help assail any doubts that you might have in this regard.

Only the Best of Legal Means

A few people think that the prospect of using American tax relief means using underhand means of solving their tax debt problems. Nothing can be farther from the truth as only legal means are applied to get rid of your debt. There should be no doubt in your mind regarding the same as the service providers are well versed with all the legalities that concern tax relief and will configure a plan of action that is cognizant of these legalities. Moreover, no American tax relief is brought about without the express consent of the IRS.

Quick and Easy

A bunch of people are of the opinion that going through the whole process of American tax relief takes up a whole lot of time and the debts, in the mean time, just keep piling up. Well, this is another bit of untruth as the process of getting tax relief is quick and accomplished without wasting any time and effort. Also, though you might find your debt a bit complicated the American tax relief service providers will untangle their complexities and streamline an easy repayment plan for you. The whole process is easy to understand.

Hassle Free

This is one of the main doubts that people have. Is American tax relief hassle free? The resounding answer herein is that it is. All you need to do is get in touch with the American tax relief service provider that you have chosen for your purpose and leave the problems at their door. Do what they say, and if you follow their instructions to the T, it won't be long before your tax debt problems are taken care of.

Expert Help

If the above reasons have not allayed your doubts or fears of taking help from American tax relief service providers then maybe this reason will suffice. Most of us can make neither head nor tail of taxation and the debts that pile up as a result of non payment of taxes for some reason or another. You need the help of experts to sort out your problems and more importantly the inside and outside of the debts that you have piled on.

This is why you must make your way to a service provider who has proven expertise in the business of providing tax relief solution.

As can be seen there should be no doubts, whatsoever, associated with the choice of going for the various American tax relief options that are on offer, to get rid of your tax debt problems.

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